In Bakersfield, Calif., a Mexican strawberry picker with an income of $14,000 and no English was lent every penny he needed to buy a house for $720,000.”*
Transpole este fenómeno del último eslabón al resto de la cadena. Ahí está la crisis. Cómo se sale? No sin dolor.
(*) Ejemplo tomado de la columna de Thomas Friedman del NY Times.
"He called Standard & Poor’s and asked what would happen to default rates if real estate prices fell. The man at S.& P. couldn’t say; its model for home prices had no ability to accept a negative number. ‘They were just assuming home prices would keep going up,’ Eisman says.”
ReplyDeleteEn serio, no se puede creer.
ReplyDeleteera necesario aclarar que no hablaba ingles el hombre? el detalle parece levemente racista, la verdad
ReplyDeleteJosé, una persona que no habla inglés en EEUU tiene estadísticamente menores ingresos que el promedio.
ReplyDelete